The Business Times, 1 January 2011
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2011-01-01
1
24
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section18 2011-01-01 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg JANUARY 1 -2, 2011 S$1.00 MICA(P) 139/08/2010 spll A SINGAPORE PRESS HOLDINGS PUBLICATION18 words
-
Article500 2011-01-01 1 Anna Teo - Q4 clocks 12.5% growth while full year hits a mark that may not be repeated soon By Anna Teo anna@sph.com.sg Singapore THE economy ended 2010 and the decade with a bang, clocking 12.5 per cent growth in the fourth quarter, and a record 14.7500 words
-
Article35 2011-01-01 1 supply boost TWO are found in the government’s confirmed list and four in the reserve list under the land sales programme for the first half of this year. 235 words
-
Article34 2011-01-01 1 strong finish FINAL tally for the companies listed on the Singapore Exchange comes to $846.1 billion, just shy of the October 2007 record high of $847.5 billion. 434 words
-
Article35 2011-01-01 1 great expectations DESPITE a number of risks, the bias is still on a continued recovery and growth in the global economy, supported by the emerging middle class from China and India. 535 words
-
Article32 2011-01-01 1 lending support THE first drop in nine weeks, since QE2 started, is due to agency mortgage-backed securities holdings falling more than the gains in Treasury holdings. 1832 words
-
506 2011-01-01 1 Grace Leong - It is rapped on the knuckles by regulator over changes to its surveillance system By Grace Leong gleong@sph.com.sg Singapore THE Casino Regulatory Authority (CRA) issued a letter of censure on New Year’s Eve against Resorts World Sentosa (RWS) in what the regulator506 words
-
Page 1 Advertisements
-
Advertisement37 2011-01-01 1 the business www.businesstimes.com.sg FOOD IN 2011 Leading F&B personalities offer their take 6-7 the raffles conversation VISHAKHA N DESAI, CEO OF ASIA SOCIETY 8-9 The Prime Minister and The Business Times wish all a Happy New Year37 words
-
Advertisement68 2011-01-01 1 *****1 *****4 WEALTH Takingstock of 2010 27 Window on 2 11 Joseph Stiglitz George Soros Nouriel Roubini Wolfgang Schauble Daniel Gros Dominique Strauss-Kahn Justin Yifu Lin Yu Yongding Yuriko Koike Nirupama Rao Shahid Javed Burki Christopher R Hill Recep Tayyip Erdogan Richard N Haass Sam Nunn Igor Ivanov Wolfgang Ischinger68 words
-
-
TOP STORIES
-
625 2011-01-01 2 Emilyn Yap - New sites in pipeline, project completion period shortened By Emilyn Yap emilyny@sph.com.sg Singapore THE government is keeping a close eye on meeting demand for industrial land this year, by releasing new sites under the first-half land sales programme, and cutting the amount625 words
-
351 2011-01-01 2 Authorities to fine, take back property left undeveloped AFP Beijing CHINA has ordered local officials to fine property developers who have left land vacant for more than one year as Beijing cracks down on hoarding that has been blamed for driving upAFP - 351 words
-
Article134 2011-01-01 2 G STI 3,190.04 (-22.42) G STI FUTURES 3,190 (-22) G SIMSCI 377.21 (-2.64) G SIMSCI FUTURES 378.40 (-2.40) STOCKS Friday Change KL COMP Closed NIKKEI 225 Closed HANG SENG 23,035.45 +36.11 SET Closed JAKARTA Closed MANILA Closed KOSPI Closed SHENZHEN B 824.82 +16.13 MUMBAI IND 20,517.63 +128.56 Thursday close134 words
-
1222 2011-01-01 4 Lynette Khoo - Analysts upbeat after a 22.7% surge in year’s capitalisation By Lynette Khoo lynkhoo@sph.com.sg Singapore A STRONG economic rebound, flush liquidity and mega IPOs have all added up to a bountiful year for the Singapore stock market. The total market capitalisation of1,222 words
-
1105 2011-01-01 5 Teh Hooi Ling - Analysts say almost any investment in 2011 will top leaving money in the bank By Teh Hooi Ling hooiling@sph.com.sg Singapore HERE’S an account of how the market psychology has evolved in the last two years. Just months after the collapse1,105 words
-
Article, Illustration2133 2011-01-01 6 / 7 Jaime Ee - 2011Sustainability in, weird food out? Leading F&B personalities offer their take on the local and global food scene, the impact of celebrity restaurants and what you’ll be eating in 2011 By Jaime Ee jaime@sph .com.sg Tetsuya Wakuda Celebrity chef Waku Ghin ON theFILE PHOTOS - 2,133 words
-
-
Page 2 Advertisements
-
Advertisement75 2011-01-01 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Week in Review 10 Companies 11-12 From The Desk Of 13 Singapore 14 World 16-18 Stocks Stats 19-23 Perspective 24-25 Wealth 26-27 Househunt 28 Real Estate 29 Sports 30 Jewellery 31 WINDOW ON 2011 Joseph Stiglitz L4 George Soros L5 Nuriel Roubini75 words
-
-
Page 3 Advertisements
-
Advertisement132 2011-01-01 3 EXCLUSIVE LANDED HOMES FOR SPACIOUS LIVING mm m '*1 •as Cr* w ifis r .*'«■■-5, ?r V r ,-*0 m r-% -V m Tai Keng Villas Henley Gardens Chuan Villas No. 75 Jalan Arif No. 128 Jalan Kelichap Ready For Immediate Occupation No. 36 Chuan Close m Near amenities: shopping132 words
-
-
Page 5 Advertisements
-
Advertisement113 2011-01-01 5 m m mff v/. W J>\ f /-V .'if AT SWISS-GARDEN, BUSINESS AND PLEASURE DO IN FACT, MIX PRETTY WELL. MEETINGS SEMINARS TEAM BUILDINGS GOLFING AT SWISS-GARDEN COMPLIMENTARY ROUND OF GOLF AT SWISS-GARDEN GOLF RESORT SPA DAMAI LAUT COMPLIMENTARY NON MOTORIZED ACTIVITIES COMPLIMENTARY TELEMATCHES FOR MEETING PACKAGES FROM SUNDAYS TO113 words
-
-
Page 6 / 7 Advertisements
-
Advertisement83 2011-01-01 6 / 7 SINGAPORE —SWEEP— 1 ST PRIZE $2,200,000 $500,000 2 ND p R ZE 3 rd PRIZE SUPER SWEEP I s m $250,000 $1,300,000 r. 1st PriM S1.I Million 2„dPnKS5«0,»« 3rd Priie 5250,000 1 cint.APORE HfBfl P 1 l 0V20 S $3 KKKDraw No. W MHC pltten 01/2011 JBQ *****59 DRAW ON83 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration2154 2011-01-01 8 / 9 Josephine Chew - CEO and president of the Asia Society Vishaka Desai talks to Josephine Chew about how she goes about her mission: to build bridges between America and Asia Josephine Chew jochew@sph.com.sg RAPID modernisation and growth in Asia is well and good, but there also needs to be aARTHUR LEE - 2,154 words
-
-
WEEK IN REVIEW/WEEK AHEAD
-
THIS WEEK Dec 27-31, 2010
-
55 2011-01-01 10 SMALL and medium enterprises (SMEs) in Singapore were in expansionary mood in 2010, but many will be approaching investments next year more cautiously and with a sharp eye on rising business costs. Apart from rents, SMEs will also be watching the costs55 words
-
70 2011-01-01 10 MONDAY marks the unofficial start of the annual Santa Claus Rally on Wall Street, a market tradition in which the week between Christmas andNew Year’s Day often sees a spike for stocks. But traders, or at least those few70 words
-
48 2011-01-01 10 SINGAPORE may soon be inviting foreign brokers to participate in its securities market as members. The Singapore Exchange (SGX) has put up a consultation paper, seeking the public’s feedback to its proposal to admit foreign brokers as remote trading members.48 words
-
49 2011-01-01 10 OVER 2,000 flights were grounded across the north-eastern United States on Sunday and Monday following a heavy blizzard just as airports in Europe were getting back on their feet from the wintry weather which brought travel to a screeching halt last week.49 words
-
56 2011-01-01 10 GUOCOLAND may look at floating two real estate investment trusts one office and the other retail holding assets in Singapore, China, Malaysia, and possibly Vietnam, BT understands. The assets could be worth about $6-8 billion in total and the Reits, now under study, may56 words
-
73 2011-01-01 10 CONSTRUCTION tycoon Lim Kang Hoo, with his firm Ekovest, has entered the bidding war for Tanjong plc’s gaming business valued at RM2-2.5 billion (S$837 million to S$1.05 billion) making him the fourth to join the queue. Tanjong’s Pan Malaysia Pools is a numbers73 words
-
39 2011-01-01 10 SERVICES will lead Singapore’s economic growth next year, but the sector is likely to be challenged by business costs. It may also add to inflation: a key risk for Singapore in 2011.39 words
-
50 2011-01-01 10 BEIJING has hiked its minimum wage again, and this is expected to trigger another bout of wage hikes across other cities and provinces in China. Most S-chips or Singapore-listed Chinese companies will escape lightly, but some are expected to take a hit.50 words
-
Article, Illustration19 2011-01-01 10 Heavy snow left over 2,000 flights grounded across the north-eastern United States on Sunday and Monday AFPAFP - 19 words
-
49 2011-01-01 10 SOME firms are bursting with promise while the future of others is fraught with uncertainty as the green sector treads gingerly beyond 2010. The trek to promising times has been riddled with bottom lines sinking ever further into the red.49 words
-
46 2011-01-01 10 More investors under the Central Provident Fund Investment Scheme (CPFIS) came out ahead for the year ended Sept 30 as markets performed well, compared with a year ago. But the number of investors that realised losses was also significant.46 words
-
51 2011-01-01 10 THE Vatican has created new laws and a financial agency to fight money laundering after a recent scandal tarnished its reputation. The move takes the Vatican closer to joining the OECD’s “white list” of territories that comply with international standards on fighting financial51 words
-
62 2011-01-01 10 THE probe into the massive Singapore Land Authority (SLA) fraud case has uncovered more alleged cheating by ex-SLA executive Koh Seah Wee at his previous place of employment the Supreme Court. Seventy new charges were brought in the Subordinate Courts on Thursday against62 words
-
-
Article76 2011-01-01 10 US DATA Jan 3 ISM Manufacturing Index (Dec) Construction spending (Nov) Jan 4 FOMC minutes Motor vehicle sales Factory orders (Nov) Jan 5 ISM Non-manufacturing Index (Dec) Jan 7 Unemployment rate (Dec) EVENTS Jan 5 US Senate to convene new Congress Jan 6 LAS VEGAS76 words
-
-
Page 10 Miscellaneous
-
Miscellaneous346 2011-01-01 10 CRYPTIC CROSSWORD Across 1 Drink cures heart-break (10) 9 Squalid place where many people live, fifty in all (4) 10 Start of play (5,5) 11 I may be in raging anger, but recover possession (6) 12 Stay and use up the money oppressing you and me (7) 15 Pair out346 words
-
Miscellaneous19 2011-01-01 10 SATURDAY with Ludwig ‘Every year I resolve to boost the markets but you’re always there to spoil it all.’19 words
-
-
COMPANIES
-
300 2011-01-01 11 Lynn Kan - By Lynn Kan lynnkan@sph.com.sg Singapore ASIA Pacific Breweries is heading into the new year with new appointments of top brass to spur its signature beer brand, Tiger. Starting today, Royston Loh is general manager of Tiger Export Pte Ltd.300 words
-
213 2011-01-01 11 Winston Chai - By Winston Chai winstonc@sph.com.sg Singapore INNO-PACIFIC Holdings is winding down its loss-mak-ing telco subsidiary in Singapore after it failed to challenge incumbents for a slice of the market for Internetbased telecommunications services. In a statement, Inno-Pacific said its wholly owned local unit, PG213 words
-
Article631 2011-01-01 11 Lynette Khoo - Some counters rank among 2010’s chief gainers in percentage terms By Lynette Khoo lynkhoo@sph.com.sg Singapore INVESTORS who have bought into the dual-listing story of select companies would probably have signed off 2010 with a smile. Some of these stocks feature prominently among top gainers for 2010631 words
-
Article, Illustration503 2011-01-01 12 R Sivanithy - STOCKS R Sivanithy sivan@sph.com.sg Senior correspondent THURSDAY’S column suggested the likelihood that any window-dressing of the index towards year-end might already have been completed earlier in the week. As it turned out, this hypothesis proved accurate instead of the usual503 words
-
Article120 2011-01-01 12 VOL CLOSE China Paper 26,793 16 15 103 GaJlant 25,977 49 15 3.2 ChinaGaoxian 24,722 40 1J3 2.6 Zrwo ***** 40 2.0 53 Bond Center Inv 19,758 23 20 7.7 Galden Agri 15,017 SO 0.0 0.0 Genting SP ***** 219 1.0 05 Vine Li ***** 43S -05120 words
-
Article105 2011-01-01 12 Stock name Close Change Stock name Close Change CapMallsAsia 1.940 Noble Grp 2.170 CapitaLand 3.710 -0.050 OCBC Bk 9.880 -0.120 CaprtaMall 1.950 +0.010 Olam 3.140 -0.050 CityDev 12.560 -0.160 SGX 8.420 -0.100 ComfortDelGro 1.550 -0.030 SIA 15.300 •0.240 DBS Grp ***** -0.180 SIA Engg 4.230 F8cN 6.410 -0.100105 words
-
Article61 2011-01-01 12 BY CENTS CLOSE UP DBXT FTChina25 10USS 3147 80.1 2.0 DBXT MSKorea 10US$ 5958 76.3 1.0 DBXT FTVietnam 10USS 3695 58.2 1.2 KepLand.ES.1101 1140 42.0 3.8 DBXT SPASX200 10US5 345S 29.7 0.7 JSH 2768 23.3 0.7 OmegaNav 171 23.0 15.5 DBXT S&P Short 10US$ 4522 22.0 0.4 Lyxor61 words
-
Article50 2011-01-01 12 BY CENTS CLOSEDOWN GLD 10US5 ***** -100.8 -0.6 JMH 4400 -80.1 -1.4 Pru 500USS 1024 -33.6 -2.5 Jardine C&C 3660 -24.0 -0.7 SIA 1530 -24,0 -15 UOB 1S20 -24.0 -13 DBS Grp 1432 -18.0 -1.2 CityDev 1256 -16.0 -1.3 OCBC Bk 988 -12.0 -1.2 F&N 641 -10.0 -1.550 words
-
Article297 2011-01-01 12 AN era has come to an end. NSL, formerly known as NatSteel Ltd, yesterday announced that Ang Kong Hua has stepped down as executive director after 35 years at the helm. Mr Ang, 66, is retiring and he will be replaced by Oo Soon Hee,297 words
-
-
Page 11 Advertisements
-
Advertisement32 2011-01-01 11 Watch Spiritual Philosopher Global Mentor Prof. Dr. Ramesh Richard, PhD; THD Log on to afterlifeguarantee.com rameshrichard.com REGISTER NOW TO WIN 1 iPad 3 iPod Touches 10 iPod Shuffles 100 Musings Moorings journals32 words
-
-
Page 12 Advertisements
-
Advertisement299 2011-01-01 12 INTHE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND INTHE MATTER OF BATTENFELD INJECTION MOULDING TECHNOLOGY (S) PTE LTD (INMEMBERS’VOLUNTARY LIQUIDATION) (REGISTRATION NO.*****3180W) At the Extraordinary General Meeting of the members of the above-named Company held at 48 Toh Guan Road East #03-123 Enterprise Hub Singapore *****6 on 31 December299 words
-
Advertisement15 2011-01-01 12 IT'S HERE! 9J.3FM m GET THE FREE 9I.3FM APP NOW! Available on the App Store15 words
-
-
FROM THE DESK OF
-
Article, Illustration734 2011-01-01 13 Min-Liang Tan - Singapore Inc is seeking a slice of the gaming media pie but does it have what it takes to become a gaming hub? from the desk of Min-Liang Tan CEO, Razer GROWING up in Singapore is probably one of the worst things that can happen to you734 words
-
-
SINGAPORE
-
Article509 2011-01-01 14 Conrad Tan - Over the year to Nov30, business loans jump 11.4% the fastest year-on-year growth in 21 months By Conrad Tan conradt@sph.com.sg BANK lending rose at a healthy pace in November, easing earlier fears of a sharp slowdown in lending activity, as both business loans and509 words
-
Article, Illustration426 2011-01-01 14 Arthur Lee - By Arthur Lee arthurl@sph.com.sg HOTELS and party venues all over the island ushered in 2011 in style last night. Resorts World Sentosa (RWS) on its part gave 5,000 of its supporters an early New Year present in the formARTHUR LEE - 426 words
-
Article, Illustration267 2011-01-01 14 NIAM Chiang Meng, permanent secretary in the Ministry of Community Development, Youth and Sports, will be the new chairman of the Media Development Authority (MDA). At present, Mr Niam is also chairman of the Singapore Sports School. Mr Niam will take over from267 words
-
-
Page 15 Advertisements
-
Advertisement678 2011-01-01 15 mm m I m' As IAN M A T R Gourmet Culture Lifestyle Proudly Presented by A Month-long Celebration of Asia's Cuisine, Culture and Lifestyle 3-30 January 2011 A CAN EXPRESS ft ■u SIP-' 11 •< 1 t.WfcM. VINTNER DINNERS Chateau Pichon-Longueville Baron and Chateau Petit-Village Wine Dinner featuring the678 words
-
-
WORLD
-
540 2011-01-01 16 It drops its lowest exchange rate for bolivar that is available for essential imports Reuters Caracas VENEZUELAN President Hugo Chavez’s government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate asReuters - 540 words
-
Article, Illustration264 2011-01-01 16 Reuters Los Angeles TIGER Woods has once again ended a calendar year as golf’s top earner, despite suffering a pay cut of US$48 million after losing his swing and his marriage and failing to win a single tournament. The American worldReuters - 264 words
-
Article279 2011-01-01 16 Reuters Sydney AUSTRALIAN miner BHP Billiton’s acquisition strategy was back in the spotlight yesterday as market talk resurfaced that it was looking at a US$40 billion-plus bid for Anadarko Petroleum although banking sources said they were unaware of any imminent offer. BHP, under pressureReuters - 279 words
-
402 2011-01-01 17 The fresh state funds will help the carrier expand its fleet to connect more cities Bloomberg New Delhi INDIA’S Cabinet Committee on Economic Affairs has approved an infusion of 12 billion rupees (S$343.8 million) in Air India Ltd, the operator of the nation’sBloomberg - 402 words
-
Article, Illustration415 2011-01-01 17 Affected area is bigger than France and Germany combined Reuters Sydney FLOOD water rose across Australia’s north-east yesterday, covering an area bigger than France and Germany combined, inundating 22 towns and stranding 200,000 people, and closing one of the country’s major sugar export ports. FloodingReuters; AFP - 415 words
-
344 2011-01-01 17 AP London PRIME Minister David Cameron has pledged to prioritise jobs and economic growth in 2011, but his New Year’s message warns of tough times ahead with harsh budget cuts needed to tackle Britain’s massive deficit. Small businesses not the debt-riddenAP - 344 words
-
Article114 2011-01-01 17 Bloomberg Beijing SKYPE Technologies, the world’s largest carrier of international phone calls, said its services in China remain operational after the country said it’s cracking down on “illegal” Internet phone companies. “Skype is not banned,” Jennifer Caukin, a Palo Alto, Califor-nia-based spokeswoman for theBloomberg - 114 words
-
308 2011-01-01 18 Mortgage-backed securities’ drop outpaces Treasury holdings’ gains Reuters New York THE US Federal Reserve’s balance sheet fell in the latest week, following eight consecutive weeks of growth, as agency mort-gage-backed securities holdings fell more than Treasury holdings increased, FedReuters - 308 words
-
Article, Illustration434 2011-01-01 18 Bloomberg London AS New Year’s revellers ring in 2011 with a bottle of bubbly, the makers of the most expensive champagnes are celebrating a return to favour after two years of decline while cheaper brands continue to battle on price. “TheBloomberg; AFP - 434 words
-
269 2011-01-01 18 Bloomberg Boston PACIFIC Investment Management Co, manager of the world’s biggest bond fund, has agreed to pay US$92 million to settle a private class action lawsuit that accused it of manipulating the price of Treasury futures contracts. Pimco, which manages about US$1.2 trillion, wasBloomberg - 269 words
-
-
Page 16 Advertisements
-
Advertisement21 2011-01-01 16 How to run a business without running out of ideas. January/Februaryissueoutnow! •Whyemployersholdontoolderworkers. •AninsiderlookintotheE50awards. •WhatHollywoodtaughtScanteakaboutbranding. •EntryandexpansionguideforSME’ssettingtheirsightsonregionalexpansion. •Trust:Amustorgobust. Copiesareonsale($6)atallpetrolstations(exceptCaltex)andleadingbookshops andcomewitha2011PurpleClickcalendarwhilestockslast. Tosubscribe($30forsixissuesdeliveredtoyourofficeorhome),pleasecall6388-3838. GetacomplimentarycopyifyouareaTNTclient,whilestockslast! Producedby21 words
-
-
Page 18 Advertisements
-
Advertisement11 2011-01-01 18 www.omy.sg ,;2 'm MWOfUOB CD 0 yzone.omy.sg 52 -A"/ I —showbiz.omy.sg11 words
-
-
SGX
-
Article10726 2011-01-01 22 Transaction date: Dec 31 52-wks Tel Last Vol Day Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 3148 8Telecom 19 unch 70 19 19 18.5 19 1.7 9.5 6.1 91 12 4.5 5834 A-Sonic10,726 words
-
Article186 2011-01-01 22 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 3 7 0 0 0 7 3 7 Manufacturing 61 35 70 5 4 8 66 39 78 Commerce 27 14 27 0 4 3 27 18 30 Tpt/Stor/Comms 11 10 16186 words
-
Article848 2011-01-01 22 For week beginning Dec 27 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv •two Shr S ('000) (000) A-Sonlc Aerospace 3Q-Dec-10 Janet LC Tan Buy 5904 0.06 *****4 50.35 *****8 5i.ia KLW HlrJgs ltd848 words
-
Article121 2011-01-01 22 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 39,486 39,486 69,212 69,212 Manufacturing 225,388 13,225 238,613 152,572 382 152,954 Commerce 32,057 17,564 49,621 47,013 642 47,655 Tpt/Stor/Comms 38,281 450 38,731 85,468 169 85,637 Finance 21,221 21,221 118,126 118,126 Construction 8,050 11,577 19,627 2,257121 words
-
Article118 2011-01-01 23 Dec 31 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.351 1.275 Can dollar 1.312 1.262 Euro 1.746 1.679 Sterling pound 2.025 1.948 NZ dollar 1.021 0.973 US dollar 1.308 1.258 Local dollars to 100 units of foreign currency: Currencies Sell118 words
-
Article, Illustration98 2011-01-01 23 YTD change:+10.09% 52-week high: 3,313.61 on Nov 9,2010 52-week low: 2,648.15 on May 25,2010 Source: Bloomberg YTD change: +5.32% 52-week high: 24,988.50 on Nov 8,2010 52-week low: 18,971.50 on May 27,2010 Source: Bloomberg Bloomberg YTD change: +10.95% 52-week high: 11,625.00 on Dec 29, 2010 52-week low: 9,614.32 onSource: Bloomberg - 98 words
-
374 2011-01-01 23 In local curr In S$ In US$ dy yr dy yr dy yr Dec 30 Index Change Change Change Change Change Change World Index Preliminary 899.6 -0.5 8.1 -0.7 0.2 -0.2 9.2 ‡EAFE Preliminary 805.1 -0.8 2.6 -0.8 -4.2 -0.3 4.4 Europe Preliminary 1175.8 -0.9374 words
-
Article154 2011-01-01 23 Dec 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3069 1.3084 1.0164 1.0174 Canadian dollar 1.2850 1.2857 0.9994 0.9998 Euro 1.7090 1.7096 1.3291 1.3294 NZ dollar 0.9924 0.9932 0.7718 0.7723 Sterling pound 1.9846 1.9853 1.5435 1.5438154 words
-
Article82 2011-01-01 23 Dec 30 COCOA (£/tonne) Close Prev High/Low Mar 11 2023 2053 2049/2018 May 11 2034 2063 2059/2030 Jul 11 2047 2077 2071/2046 Sep 11 2054 2082 2069/2050 COFFEE (US$/tonne) Close Pev High/Low Jan 11 2065 1995 2116/1989 Mar 11 2084 2024 2152/2018 May 11 2099 2040 2150/2032 Jul 1182 words
-
Article94 2011-01-01 23 Dec 30 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Jan 11 1366.00 unch1374.*****9.50 Mar 11 1376.*****7.*****4.*****0.00 May 11 1382.*****4.*****0.*****7.00 Jul 11 1385.*****6.*****3.*****8.25 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low Jan 11 56.61 56.38 56.90 56.13 Mar 11 57.31 56.98 57.50 56.71 May 11 57.64 57.3194 words
-
Article67 2011-01-01 23 Dec 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 11 3768 3814 3814 3750 666 3269 Feb 11 3773 3820 3805 3748 1224 ***** Mar 11 3735 3788 3792 3707 9782 ***** Apr 11 3707 376867 words
-
Article75 2011-01-01 23 Dec 30 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 92.67 -1.20 WTI (Near Mth) 89.51 -1.50 Dubai (1-Mth F) 90.56 -0.40 Tapis blend 98.55 -0.05 Minas 94.25 -0.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.28 -0.94 Jet Kerosene 105.56 -0.69 US$/barrel Opec Oil Basket Price75 words
-
Article72 2011-01-01 23 Dec 30 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2445.00 2444.50 3 months 2454.00 2455.00 Copper, Grade A (US$/tonne) Cash 9541.50 9447.00 3 months 9495.00 9400.00 Lead (US$/tonne) Cash 2526.00 2536.00 3 months 2517.00 2530.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)72 words
-
Article70 2011-01-01 23 Dec 31 GOLD (US$/oz) Dec 30 Dec 31 Hong Kong 1415.*****7.60 Dec 30 Dec 29 London 1405.*****0.65 1406.*****1.45 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 39.68 39.45 Source: UOB PLATINUM Lon (US$/oz) Dec 30 Close Previous PM Fix 1755.*****5.00 AM Fix 1760.*****0.00 Source: Thomson Reuters PLATINUM NYMEX70 words
-
-
PERSPECTIVE
-
Article, Illustration1099 2011-01-01 24/25 G Panicker - Oil producers must encourage efficient exploration of reserves so that high volatility is reduced. Such moves will remove market scepticism about supplies a factor that was exploited to the hilt in the past price boom G Panicker ~The writer was formerly with BT’s foreign deskBLOOMBERG - 1,099 words
-
Article, Illustration776 2011-01-01 24/25 Ian Campbell - By Ian Campbell REUTERS BREAKINGVIEWS IN 2010, little more than a year after celebrations of the euro’s 10th birthday, the very survival of the currencyoftheworld’slargesteconomic bloc came under threat a reminder that the world’s economic foundations are never completely stable. And so a predictionREUTERS - 776 words
-
-
WEALTH
-
Article, Illustration1423 2011-01-01 26 Developed nations are lagging behind the MSCI Emerging Markets Index which finished its recovery in August 2009 Bloomberg New York STOCKS in developed nations took 17 months longer than emerging markets to erase losses spurred by Lehman Brothers Holdings Inc’s 2008 bankruptcy, recovering after the FederalBloomberg; AFP - 1,423 words
-
Article, Illustration1248 2011-01-01 27 Teh Hooi Ling - The year just past has been one of personal development, self discovery, and a little of giving back to society SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior correspondent ~The writer is a CFA charterholder WHAT a year it has been. I did a pollSTOCK.XCHNG - 1,248 words
-
1154 2011-01-01 28 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 15 LANDED Frankel Estate 2-Det 01/12/2010 FH 8039 8300 1032 Opera Estate 2-Ter 04/12/2010 FH 1633 1540 9431,154 words
-
Article, Illustration1343 2011-01-01 29 A larger number of people are leasing the most expensive Manhattan apartments as rents fall and sale prices climb Bloomberg New York ADAM Neumann and his wife set out in 2008 to buy an apartment in lower Manhattan, hoping to get a bargain onBloomberg; BLOOMBERG - 1,343 words
-
-
SPORT
-
Article, Illustration890 2011-01-01 30 Lee U-Wen - no holds barred Lee U-Wen leeuwen@sph.com.sg Deputy Foreign Editor IT’S a brand new year and most of us would have already penned down our wishes for what we want in the next 12 months. The same goes for sports fans. If 2011 can achieve anythingPHOTOS: AP, AFP, REUTERS - 890 words
-
-
SHOPPING
-
Article, Illustration540 2011-01-01 31 Cheah Ui-Hoon - Picking jewellery is much like selecting works of art you first make an emotional investment before taking that financial plunge. By Cheah Ui-Hoon uihoon@sph.com.sg THERE’Sagrowingin-terest in vintage and estate jewellery, but before you go to an auction to bid on these rare historical pieces, there are a coupleFILE PHOTO - 540 words
-
-
Page 31 Advertisements
-
Advertisement582 2011-01-01 31 wine&dine with BTWeekend Chatterbox Level 5 Mandarin Orchard Singapore 333 Orchard Road Z6831-6288 Home to the signature Mandarin Chicken Rice, Chatterbox is an iconic coffee house renowned for its Asian local delights and Western favourites. Recently, Chatterbox opened its new premises on Level 5 of the hotel with a refreshing582 words
-
-
Page 32 Advertisements
-
Advertisement167 2011-01-01 32 M iUDEMARSPlGUET Le maitre de 1'horlogerie depuis 1875 JULES AUDEMARS PERPETUAL CALENDAR 111tiff 54 s 6> fc. ■a? w 4 5. m > i A a A I J V re r K MA f\AV v p^. V The Jules Audemars Perpetual Calendar watch is a masterpiece of miniaturisation developed167 words
-
-
Page 1 Advertisements
-
Advertisement80 2011-01-01 1 Window onBTW|12THE BUSINESS TIMES WEEKEND JANUARY 1-2, 2011 2 11 Joseph Stiglitz George Soros Nouriel Roubini Wolfgang Schauble Daniel Gros Dominique Strauss-Kahn Justin Yifu Lin Yu Yongding Yuriko Koike Nirupama Rao Shahid Javed Burki Christopher R Hill Recep Tayyip Erdogan Richard N Haass Sam Nunn Igor Ivanov Wolfgang Ischinger Javier80 words
-
-
Window on 2011
-
Article, Illustration235 2011-01-01 2 Vikram Khanna - Vikram Khanna Associate Editor The Business Times ON THIS New Year’s Day, we are delighted to bring you, BT readers, this compendium of reflections and analyses by 22 of the world’s celebrated thinkers. Although every year has its surprises and 2011 will be no exception, many of the bigEDITOR Vikram Khanna SUB-EDITORS Leong Sau Ming, Lilian Lee, Yvonne Poh, Chantal Nair ARTIST Gareth Chung - 235 words
-
Article, Illustration1062 2011-01-01 4 Joseph Stiglitz - What lies ahead in 2011? The outlook is bleak, with little upside potential and a lot of downside risk Joseph Stiglitz ~Joseph E Stiglitz is University Professor at Columbia University and a Nobel laureate in Economics. His latest book, Freefall: Free Markets and the Sinking of theSTOCK.XCHNG - 1,062 words
-
Article, Illustration893 2011-01-01 5 George Soros - The euro has its shortcomings. But at least two of the mistakes the EU authorities are committing can be corrected George Soros ~George Soros is chairman of Soros Fund Management New York THE architects of the euro knew that it was incomplete when they designed it.PHOTOS: STOCK.XCHNG, BLOOMBERG - 893 words
-
Article, Illustration914 2011-01-01 6 Nouriel Roubini - An optimal path of fiscal austerity would help nations avoid a deflationary and recessionary spiral, unfortunately, the main advanced economies are following a divergent path Nouriel Roubini ~Nouriel Roubini is chairman of Roubini Global Economics (www.roubini.com), professor of economics at New York University’s Stern School of Business, andPHOTOS: BLOOMBERG, AFP - 914 words
-
Article, Illustration1058 2011-01-01 7 Wolfgang Schauble - Eurozone crisis has demonstrated the urgent need for tougher and more effective rules Wolfgang Schauble ~Wolfgang Schauble is Germany’s Federal Minister of Finance Berlin THE International Monetary Fund estimates that the cri-sis-induced net cost of fi-nancial-sector support provided by G-20 countries in 2009 amounted to 1.7PHOTOS: AFP, REUTERS - 1,058 words
-
Article, Illustration1011 2011-01-01 8 Daniel Gros - The way housing finance is organised differs enormously from country to country, and these differences explain the recent global imbalances and financial crashes Daniel Gros ~Daniel Gros is director of the Centre for European Policy Studies Brussels THE financial crisis that began in 2007 had itsPHOTOS: BLOOMBERG, CENTRE FOR EUROPEAN POLICY STUDIES - 1,011 words
-
Article, Illustration1050 2011-01-01 9 Dominique Strauss-Kahn - Policymakers must grasp the importance of the linkages between the financial system and the broader economy as well as the linkages between countries Dominique Strauss-Kahn ~Dominique Strauss-Kahn is managing director of the International Monetary Fund Washington DC OVER the last quarter-cen-tury, the global economy enjoyedSTOCK.XCHNG - 1,050 words
-
Article, Illustration855 2011-01-01 10 Justin Yifu Lin - The challenge is to develop government-sponsored programmes in which the public and private sectors coordinate their efforts to develop new technologies and industries Justin Yifu Lin ~Justin Yifu Lin is chief economist and senior vice-president for development economics at the World Bank WashingtonSTOCK.XCHNG - 855 words
-
Article, Illustration1024 2011-01-01 11 Yu Yongding - If Asia’s economic giant fails to tackle its structural problems in a timely fashion, growth is unlikely to be sustainable Yu Yongding ~Yu Yongding, currently president of China Society of World Economics, is a former member of the monetary policy committee of the Peoples' Bank of China,REUTERS - 1,024 words
-
Article, Illustration1074 2011-01-01 12/13 Yuriko Koike - The test of China’s intentions is whether its growing economic and military capacities will be used to establish Asian hegemony, by working to exclude America from the region and preventing regional partnerships from flourishing Yuriko Koike ~Yuriko Koike, Japan’s former minister of defence and nationalPHOTOS: BLOOMBERG, AFP, AP - 1,074 words
-
Article, Illustration882 2011-01-01 14 Nirupama Rao - What distinguishes India from other emerging economies like China is that domestic demand, not exports, is the primary engine of growth Nirupama Rao ~Nirupama Rao is India’s Foreign Secretary New Delhi THE key role of emerging and developing countries including India, China and Brazil in sustainingBLOOMBERG - 882 words
-
Article, Illustration1026 2011-01-01 15 Shahid Javed Burki - The slow but steady political awakening of Pakistan’s middle classes, who question extremism, offers a ray of hope Shahid Javed Burki ~Shahid Javed Burki, a former finance minister of Pakistan and vice-president of the World Bank, is currently Chairman of the Institute of Public Policy, LahoreREUTERS - 1,026 words
-
Article, Illustration1089 2011-01-01 16 Christopher R Hill - There is nothing easy about negotiating with Iran. America must be willing to ‘sanction and talk’, thereby creating greater space for an eventual diplomatic strategy Christopher R Hill ~Christopher R Hill, a former US Assistant Secretary of State for East Asia, was US Ambassador to Iraq, South Korea,AFP - 1,089 words
-
Article, Illustration1039 2011-01-01 17 Recep Tayyip Erdogan - Indispensablelink With its ability to connect diverse qualities and backgrounds, Turkey is capable of overcoming the dichotomies of East-West, Europe-Middle East, and North-South Recep Tayyip Erdogan ~Recep Tayyip Erdogan is Prime Minister of the Republic of Turkey Ankara TURKEY put its imprint as one of the most influential1,039 words
-
Article, Illustration968 2011-01-01 18 Richard N Haass - Both countries have proved to be strategic distractions and, particularly in Afghanistan, the US should resist pressures to prolong a substantial military presence Richard N Haass ~Richard N Haass, a former director of policy planning in the US State Department and currently president of thePHOTOS: AFP, BLOOMBERG - 968 words
-
Article, Illustration1016 2011-01-01 19 Sam Nunn, Igor Ivanov; Wolfgang Ischinger - Achieving a genuinely collaborative Euro-Atlantic approach to missile-defence matters will address a common threat and help remove misgivings that are blocking progress towards a common security space Sam Nunn, Igor Ivanov Wolfgang Ischinger ~Sam Nunn, for 24 years a Democratic US Senator from Georgia, is co-chairmanREUTERS - 1,016 words
-
Article, Illustration1157 2011-01-01 20 Javier Solana - The Franco-British military agreement last year is significant for 2011 and beyond because it is one step forward on the path to security for all of Europe Javier Solana ~Javier Solana, president of the ESADE Center for Global Economy and Geopolitics, is a former EUREUTERS - 1,157 words
-
Article, Illustration1002 2011-01-01 21 Sebastian Pinera - Emerging countries like Chile must invest in the pillars of modern society developing its human capital, encouraging entrepreneurship, investing in science and technology, and promoting dynamic and flexible markets Sebastian Pinera ~Sebastian Pinera is President of the Republic of Chile Santiago CHILE celebrated 200 years ofBLOOMBERG - 1,002 words
-
Article, Illustration921 2011-01-01 22 Fernando Henrique Cardoso - No country has devised a comprehensive solution to the drug problem. But a solution need not require a stark choice between prohibition and legalisation Fernando Henrique Cardoso ~Fernando Henrique Cardoso, a former president of Brazil (1995-2002), is co-chair of the Latin American Commission onREUTERS - 921 words
-
Article, Illustration882 2011-01-01 23 Thabo Mbeki - The country is regarded as a microcosm of Africa. Hence, a Sudan in which there is respect for diversity would serve as a catalyst for peace and stability on the continent Thabo Mbeki ~Thabo Mbeki, a former president of South Africa, is chairperson of the African UnionREUTERS, BLOOMBERG - 882 words
-
Article, Illustration1029 2011-01-01 24 Ian Buruma - Rapidly aging societies depend on immigrants to staff necessary institutions such as hospitals, and to take up jobs that citizens no longer want. Yet many politicians, especially in Europe, treat economic immigration as a disaster Ian Buruma ~Ian Buruma is professor of democracy and human rightsAP - 1,029 words
-
-
Page 2 Advertisements
-
Advertisement156 2011-01-01 2 CONTENTS JOSEPH STIGLITZ Grave new world S4 GEORGE SOROS Making the euro whole S5 NOURIEL ROUBINI Fiscal follies S6 WOLFGANG SCHAUBLE Conquering Europe’s debt mountain S7 DANIEL GROS Dream house or nightmare? S8 DOMINIQUE STRAUSS-KAHN Managing a New World economy S9 YU YONGDING China going forward S11 YURIKO KOIKE Is156 words
-
-
Page 3 Advertisements
-
Advertisement184 2011-01-01 3 Success j m is not a destination, m .r- It's a Journey. >^^5^ Best Private Bank FinanceAsia Awards 2010 Private Bank of the Year Asia Risk Awards 2010 Best Wealth Management House in Asia The Asset's 2010 Triple A Investors and Wealth Managers Awards Best Global Private Bank The Banker184 words
-
